Minde Electronics has announced that, since the beginning of this year, its wholly-owned subsidiaries—Guangxin Microelectronics, a wafer foundry, and Guangwei Integrated, a design firm—have been operating with fully booked orders. With the power semiconductor industry entering an upward cycle, Guangxin Microelectronics has raised its foundry service prices by 10% to 20% from June onwards. Similarly, Guangwei Integrated has recently implemented a price hike of 15% to 20% across its entire product range.